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- W2188108812 abstract "In this paper we examine the current structure of the Japanese pension system and highlight the major issues facing the pension reforms. We also calibrate retirement needs of the Japanese female and male elderly in their post-retirement period. The present value of post-retirement consumption expenses starting at age 65 consists of three major parts: the subsistence and healthcare expenditures, the survival probabilities and the deterministic discount factors. Based on our calibration, we find that the current pension provision has adequately met the retirement needs of the current elderly upon retirement at age 65." @default.
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- W2188108812 date "2008-12-31" @default.
- W2188108812 modified "2023-09-27" @default.
- W2188108812 title "1. The Pension System in Japan and Retirement Needs of the Japanese Elderly" @default.
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- W2188108812 doi "https://doi.org/10.1355/9789812307941-004" @default.
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